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Assembly Bill A7265

2021-2022 Legislative Session

Directs the commissioner of housing and community renewal to conduct annual audits of compliance with the affordable New York housing program

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Archive: Last Bill Status - In Assembly Committee

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2021-A7265 (ACTIVE) - Details

Current Committee:
Assembly Housing
Law Section:
Public Housing Law
Laws Affected:
Amd §14, Pub Hous L

2021-A7265 (ACTIVE) - Summary

Directs the commissioner of housing and community renewal to conduct annual audits of compliance with the affordable New York housing program and requires the results of such audits to be published on the division's website.

2021-A7265 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7265
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              April 29, 2021
                                ___________
 
 Introduced  by  M.  of  A.  GALLAGHER  --  read once and referred to the
   Committee on Housing
 
 AN ACT to amend the public housing law, in  relation  to  directing  the
   commissioner of housing and community renewal to conduct annual audits
   of compliance with the affordable New York housing program

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 14 of the public housing law is amended by adding a
 new subdivision 8 to read as follows:
   8. THE COMMISSIONER SHALL CONDUCT AN ANNUAL AUDIT  OF  THE  AFFORDABLE
 NEW  YORK  HOUSING  PROGRAM ESTABLISHED PURSUANT TO SECTION FOUR HUNDRED
 TWENTY-ONE-A OF THE REAL PROPERTY TAX LAW TO MEASURE COMPLIANCE WITH THE
 REQUIREMENTS OF SUCH SECTION. THE AUDIT SHALL  REVIEW  PROPERTIES  WHICH
 RECEIVE  BENEFITS PURSUANT TO THE AFFORDABLE NEW YORK HOUSING PROGRAM TO
 CONFIRM THAT OWNERS OF SUCH  PROPERTIES  ARE  COMPLYING  WITH  THE  RENT
 REGISTRATION,  AFFORDABILITY,  RENT  OVERCHARGE AND APPLICATION REQUIRE-
 MENTS OF SUCH PROGRAM.  THE AUDIT SHALL ALSO  REVIEW  UNITS  WITHIN  THE
 GEOGRAPHIC  EXCLUSION  AREA, INCLUDING ANY EXPANDED GEOGRAPHIC EXCLUSION
 AREAS, SUCH AS THE ONE ADDED IN TWO THOUSAND SEVEN, TO ENSURE COMPLIANCE
 WITH THE AFFORDABILITY REQUIREMENTS.  THE COMMISSIONER SHALL PUBLISH THE
 RESULTS OF THE AUDIT ANNUALLY ON OR  BEFORE  DECEMBER  THIRTY-FIRST  AND
 SHALL  MAKE  SUCH  RESULTS PUBLICLY AVAILABLE ON THE DIVISION'S WEBSITE.
 THE INITIAL AUDIT SHALL BE COMPLETED BY THE COMMISSIONER,  IN  CONSULTA-
 TION  WITH THE STATE COMPTROLLER, AND SHALL INCLUDE ALL PROPERTIES WHICH
 ARE RECEIVING OR HAVE RECEIVED BENEFITS PURSUANT TO THE  AFFORDABLE  NEW
 YORK  HOUSING  PROGRAM OR PRIOR PROGRAMS ESTABLISHED PURSUANT TO SECTION
 FOUR HUNDRED TWENTY-ONE-A OF THE REAL PROPERTY TAX LAW; PROVIDED, HOWEV-
 ER, THAT ALL  SUBSEQUENT  AUDITS  NEED  ONLY  INCLUDE  PROPERTIES  WHICH
 RECEIVED BENEFITS DURING THE PRIOR YEAR.  IN THE EVENT THAT THE AFFORDA-
 BLE  NEW YORK HOUSING PROGRAM IS TERMINATED OR OTHERWISE DISCONTINUED, A
 FINAL AUDIT OF THE PROGRAM SHALL BE SUBMITTED ONE YEAR AFTER SUCH TERMI-
 NATION OR DISCONTINUANCE.
   § 2. This act shall take effect immediately.

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